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For Sale · London East

394 Clarence Street, Unit 100

London, ON · MLS® X13111552

Listing courtesy of CENTURY 21 FIRST CANADIAN CORP

$45,000

394 Clarence Street, Unit 100 — photo 1
Bedrooms
0
Bathrooms
2
Square Feet
Year Built
Lot Size
60.36 × 30.65 Feet
Property Type
Sale Of Business
Neighbourhood
London East
Status
For Sale

About this home

FINE ART- LOCATION! Business for sale in a prime Downtown London location on 394 Clarence St Unit #100 with excellent exposure and strong pedestrian traffic, featuring 2 offices and 2 bathrooms with a total area of 1,850 sq ft. Flexible DA1 zoning permits a wide range of uses including retail, restaurant, café, food service, personal service, office, medical/professional, and entertainment. Current rent is $2000/month with water included. Utilities are approximately $150/month. Insurance is approximately $200/month, keeping operating costs low and margins strong., Remaining lease runs until Feb 28, 2027, with a 3-5 year renewal option available. All existing equipment and fixtures are included. A rare change to step into a profitable, well-located business with excellent growth potential n one of London's most vibrant and ought-after commercial strips. Buyer is not required to continue the current franchise or brand, allowing flexibility to rebrand or introduce a new concept, subject to landlord approval and applicable requirements. Approximate total monthly overhead, including current services, is ONLY $2350.

Features

  • Approximate age: 31-50
  • Garage: In/Out
  • Cooling: Yes
  • Heating: Gas Forced Air Open

Location

Approximate location, geocoded from the listing address.

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